Jung, proposes an original, groundbreaking, psychodynamic view of addiction. The BTFP will be an additional source of liquidity against high-quality securities, eliminating an institution’s need to quickly sell those securities in times of stress. The War of the Gods of Addiction, based on the correspondence between Bill W., one of the founders of Alcoholics Anonymous, and Swiss psychiatrist, C.G. Explores, through theoretical and clinical material, modern and ancient myths. Treasuries, agency debt and mortgage-backed securities, and other qualifying assets as collateral. Buy a cheap copy of War of the Gods in Addiction book by David E. The financing will be made available through the creation of a new Bank Term Funding Program (BTFP), offering loans of up to one year in length to banks, savings associations, credit unions, and other eligible depository institutions pledging U.S. “The Fed also said that it is prepared to address any liquidity pressures that may arise, which in turn has just unveiled the first bailout acronym of the new crisis: the Bank Term Funding Program, or BTFP. The War of the Gods was an ancient conflict of godly proportions that raged between Ares and all other Old Gods, due to none of them supporting his hatred of humanity or his extremist views. This action will bolster the capacity of the banking system to safeguard deposits and ensure the ongoing provision of money and credit to the economy. On Friday, we said that the Fed will have to make an announcement before the Monday open, and we didn't have to wait that long: in fact, the Fed waited just 15 minutes after futures opened for trading to announce the new bailout, alongside even more shocking news: the Treasury announced that New York State regulators are shuttering Signature Bank - a major New York bank - adding that all depositors both at Signature Bank, and also at Silicon Valley Bank, will have access to their money on Monday.Īnd as we process the shock of yet another small bank failure (which makes JPMorgan even bigger), the Fed just issued a statement saying that " to support American businesses and households, the Federal Reserve Board on Sunday announced it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors. economy by strengthening public confidence in our banking system." "Today we are taking decisive actions to protect the U.S.
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